First Instance Luk Wing Yan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Employee") of the defendant bank (the " Bank"). The Employee led the Plaintiff to believe that her money was being invested in "internal" investment opportunities that the Bank made available only to the Bank's employees, which opportunities allegedly would result in extremely attractive returns (around 100 times the amount banks pay on deposits). These internal investments did not exist. Between 2010 and 2013, the Plaintiff transferred a net of HK$23.8 million from the Plaintiff's bank account into the Employee's bank account. Both the Plaintiff's and the Employee's accounts were held at the...

Employee”) of the defendant bank (the “ Bank”). The Employee led the Plaintiff to believe that her money was being invested in “internal” investment opportunities that the Bank made available only to the Bank’s employees, which opportunities allegedly would result in extremely attractive returns (around 100 times the amount banks pay on deposits). These internal investments did not exist. Between 2010 and 2013, the Plaintiff transferred a net of HK$23.8 million from the Plaintiff’s bank account into the Employee’s bank account. Both the Plaintiff’s and the Employee’s accou...